Comcast Corp., US20030N1019

Scotiabank cuts target for Comcast stock to USD 27.50

Published on 10/08/2026 at 16:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 29.94 billion, down 1.20 percent year over year. Comcast stock costs EUR 18.59 on October 8, 2026 after EUR 18.72.

Key points in brief

Scotiabank cut Comcast's price target from USD 29.00 to USD 27.50 on October 2, 2026.
Second-quarter revenue reached USD 29.94 billion, down 1.20 percent year over year.
Comcast stock was trading at EUR 18.59 at Lang & Schwarz on October 8, 2026, down 0.69 percent versus the EUR 18.72 prior close.
Comcast's third-quarter results call is scheduled for October 22, 2026.

Isometrische 3D-Illustration der Telekommunikations-Wertschöpfungskette von Studio bis Wohnzimmer — Comcast Corp. isometrisches 3D Diagramm der Telekommunikation Wertschoepfungskette mit Datenpfaden ISIN US20030N1019, Illustration mit AI erstellt.

Comcast (ISIN US20030N1019) stock was trading at EUR 18.59 at Lang & Schwarz on October 8, 2026 at 4:45 p.m. CEST, down 0.69 percent versus the EUR 18.72 prior close. Scotiabank cut its Comcast price target from USD 29.00 to USD 27.50 on October 2, 2026 while maintaining a sector perform rating, according to MarketBeat.

Three dated Comcast milestones

On July 23, 2026, Comcast reported second-quarter revenue of USD 29.94 billion, down 1.20 percent year over year, while earnings per share reached USD 1.04, according to MarketBeat. On September 9, 2026, Comcast said at a Goldman Sachs conference that wireless had reached 7 percent penetration across its 65 million-household footprint, as reported by Investing.com. On October 2, 2026, Scotiabank lowered its target from USD 29.00 to USD 27.50 and kept its sector perform rating, according to MarketBeat.

What does the target cut change?

The revised USD 27.50 target lies 32.58 percent above Comcast's USD 20.81 Nasdaq price at 10:58 a.m. ET on October 8, 2026. That comparison uses the same currency and shows that Scotiabank's revised valuation still sits above the latest primary-exchange quote, although the target was reduced by USD 1.50 from the earlier level.

Results and dividend dates

Comcast's next scheduled corporate date is October 22, 2026, when it will host its third-quarter results call at 8:30 a.m. ET, according to Business Wire. The company also set October 28, 2026, as the payment date for a quarterly dividend of USD 0.33 per share, with October 7, 2026, as the record date, according to Business Wire.

Comcast stock stays below its yearly high

Comcast's USD 20.81 Nasdaq quote on October 8, 2026 stood within its USD 20.75 to USD 32.86 52-week range. Its market capitalization was USD 73.9 billion on October 8, 2026, while the Lang & Schwarz quote remained the relevant euro reference for German investors.

The further course of trading is shown by the continuously updated real-time quote of Comcast stock.